Issue of Invoice in case of continuous supply of goods or services Sec 31(4) & 31(5)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s [ as per sec. 31(4) of CGST Act] * In case of continuous supply of goods, where successive statements of accounts or successive payments are involved, the invoice shall be issued before or at the time each such statement is issued or, as the case may be, each such payment is received. * Time of supply of goods, determined as per sec. 12 , taxable on forward charges basis does not make any di....